Covid-19 has had a profound effect on the world and noticeably on nearly every country’s economy in 2020. The yacht industry has been no exception. With the start of the pandemic, most shipyards have been forced to suspend their activity.
An in-depth yearly report published by the IMSEE revealed that during 2020, amidst a global pandemic, Monaco’s real estate sector has decreased compared with other years, but still remains resilient.
